CHICAGO-The once booming market isn't likely to go bust, say developers Chris T. Carley and Theodore C. Mazola. Other developers are just as optimistic, planning new projects even while more than 4,000 units are unsold.

GLENDALE HEIGHTS, IL-The diversified national REIT adds to its DuPage County portfolio by paying $56 per sf for a 100% leased facility at 175 Wall Dr. Vacancy in the submarket is around 14%.

ATLANTA-The 38-year-old Dallas-based developer is interviewing candidates to run the Southeast division and probably will open for business here in about 90 days, according to industry sources intimate with the company's expansion plans.

NEW YORK CITY-The Manhattan-based REIT investment manager acquires 1.7 million shares of common stock from Developers Diversified Realty Corp, a Cleveland-based realty trust.